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cnbc.com
Novo shares slide as drugmaker lays out post-Wegovy growth strategy
The Danish company seeks to convince investors it can compete in an increasingly crowded field it helped pioneer.
cnbc.com
U.S.-listed Greenland stocks surge after Trump announces security deal with Denmark
The rally followed a U.S.-Denmark-Greenland security pact aimed at expanding the military presence on the Arctic territory.
theguardian.com
Air traffic control failure disrupts flights in Scotland, Northern Ireland and northern England – business live
National Air Traffic Services says it is investigating a ‘technical issue’ at its Prestwick centre in ScotlandThe UK transport secretary, Heidi Alexander, has just said that the technical issue at Prestwick Centre has been fixed – but warned there could be “some delays as things reset”.She said on X:There has been a further IT issue affecting @NATS.Engineers have fixed the problem and systems are resuming. Continue reading...
cnbc.com
Russia’s pro-Putin party set to win election as Ukraine exposes war’s growing reach into Moscow
Ukraine launched more than 1,000 drones at Russia on the State Duma election’s final day, including hundreds targeting Moscow.
cnbc.com
Iranian President Pezeshkian to head to New York for UN meeting as Trump warns of no-deal consequences
Trump threatened to destroy Iran's economy or eliminate its leadership if Tehran doesn't strike a deal, complicating efforts at diplomacy.
cnbc.com
Chinese biopharma stocks jump as U.S. weighs keeping door open to drug deals
Chinese biopharma stocks rose on Monday after a report that the U.S. may continue to allow most drug licensing deals with Chinese firms.
bbc.co.uk
Will you get £13,000 a year when you stop working? Here's how to check
How to find out how much state pension you're likely to receive - and what you can do about it now.
cnbc.com
Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importers
The shutdown of Saudi's key East-West pipeline stands to squeeze crude supply for Asian importers, with South Korea appearing the most directly exposed.
theguardian.com
Nvidia boss says there is ‘0% chance’ AI destroys the world by 2030
Jensen Huang dismisses warnings from former Anthropic researcher and others as ‘doomsday narratives’Business live – latest updatesThe boss of the chipmaker Nvidia has said AI will not develop to a point that will lead to the extinction of the human race within a few years, rejecting such assertions as overblown “doomsday narratives”.Jensen Huang, the co-founder and chief executive of the $5tn AI chipmaker, said the claims made on social media by the former Anthropic researcher Jacob Coxon that AI could become “superhuman” and kill off humanity within the decade was “irresponsible”. Continue reading...
cnbc.com
Treasury yields ease as global borrowing costs tumble
Treasury yields were lower on Monday following last week's interest rate bonanza.
theguardian.com
All the signs say another financial crisis is coming. Here’s why we need to prepare for it now | Larry Elliott
War, AI disruption and markets in turmoil: the warnings are all there. But lessons from the 2008 crash could help us Continue reading...
cnbc.com
CNBC Daily Open: May the 'AI Force' be with you
President Trump announces the creation of an 'AI Force' as the technology looks set to be a key topic with Chinese President Xi Jinping this week.
bbc.co.uk
Nvidia boss rejects AI extinction fears as 'doomsday narratives'
Jensen Huang's comments come after warnings from AI researchers that the technology could lead to human extinction.
theguardian.com
‘RAMageddon’: tech crunch hikes the price of your next iPhone by £100
Shortage of memory chips and other critical components reverses trend of electronics becoming cheaperApple’s recent product launch caused headlines around the world as it unveiled its first folding phone. But hidden in the slick technology showcase was a nasty surprise: a £100 increase in the price of all iPhones, including older models.It is blamed on “RAMageddon”, which has reversed a decades-long trend of electronics becoming cheaper. It is the fallout from the AI gold rush hoovering up every memory chip available for vast datacentres. This has led to a severe shortage of the chips, and other critical components, for electronics, including phones. Continue reading...
bbc.co.uk
US and China discuss AI safety plan ahead of Trump-Xi summit
Top US and Chinese officials held talks in New York on Sunday ahead of a Trump-Xi summit this week.
theguardian.com
How Saudi oil scientists ended up working on the world’s most important climate reports
Guardian investigation reveals fossil fuel links of IPCC authors, with experts declaring the body’s conflict of interest policy ‘not fit for purpose’On her first day as an expert author on the world’s most important climate reports, Prof Julia Steinberger knew nobody else, so she sat down at a stranger’s table for breakfast.“Hi, I’m Julia. I’m from the University of Lausanne,” she said. The man across the table replied: “I’m Mustafa Babiker. I work with Saudi Aramco.” Continue reading...
bbc.co.uk
Baby bank helping more parents in full-time work
The couple who run the bank say they are in "desperate need" of baby formula as demand is so high.
bbc.co.uk
UK should 'team up' with Canada in new Europe alliance, Canadian minister tells BBC
It comes after European Commission President proposed "opening the door" for Canada to become an associate member of the EU.
theguardian.com
Only 160 apprenticeship starts in eight months on Labour’s flagship scheme
Exclusive: Government warned ‘skills revolution’ at risk amid slow start to project with target of 30,000 starts by end of parliamentLabour has been warned its “skills revolution” to tackle youth unemployment risks failure, after its flagship apprenticeship scheme enrolled only 160 young people in its first eight months.The shortfall, highlighted in a report by the Fabian Society, leaves the government well off track of achieving its ambition of 30,000 “foundation apprenticeship” starts by the end of this parliament. Continue reading...
theguardian.com
UK urged to strengthen financial muscle of national wealth fund to aid economy
Unions, thinktanks and others say overhaul could provide investment Britain needsUnions, thinktanks, environmental groups and charities have come together to call on ministers to boost the financial firepower of the national wealth fund to empower it to invest more in Britain and rebalance the country’s economy.Lower energy bills, the revitalisation of the UK’s industrial heartlands and the provision of more high-quality jobs could all be unlocked by scaling up the NWF, according to a statement from organisations including the TUC, Greenpeace, WWF and the New Economics Foundation.Turbocharging the retrofitting of homes and buildings.Giving the public a bigger stake in critical infrastructure through taking part-ownership stakes in key projects.Launching a targeted investment programme to bring new green industries to communities hit hardest by deindustrialisation.Supporting a network of regional banks to funnel money into the small businesses that hold up local economies. Continue reading...
theguardian.com
‘It’s unrecognisable’: How being a tax haven has changed Jersey
While global billionaires and multinational companies have been lured to its shores, many islanders feel left behind and priced out, with food bank use increasingOn a late Friday afternoon on the Channel Island of Jersey, tourists and locals are flocking to St Helier’s waterfront where the town’s sprawling beach has emerged at low tide.In one direction, they face the calm waters of St Aubin’s Bay, ringed by a seaside promenade and punctuated with a tidal island hosting the 16th century Elizabeth Castle. Continue reading...
cnbc.com
Bessent calls meeting with China Vice Premier He Lifeng 'successful' ahead of Trump-Xi summit
Treasury Secretary Scott Bessent said his meeting with Chinese Vice Premier He Lifeng was "successful" ahead of the Sept. 24 Trump-Xi summit.
cnbc.com
Here are the 3 big things we're watching in the stock market this week
The week ahead is light on macroeconomic data, but investors can still expect plenty of market-moving headlines.
theguardian.com
Can Trump and Xi cooperate to guide humanity through the AI revolution? Humanity might depend on it | Alan Finkel
The CEOs of tech firms issue stark warnings over the rate of change, with AI capability doubling every four monthsRecently, Jacob Coxon, a researcher at Anthropic, quit his job over concerns that AI was on a collision course with humanity. A flurry of headlines put the spotlight on the current crisis: unregulated competition between technology companies and between the US and China is putting our global infrastructure at risk at the very least, and threatening human existence at worst.One’s mind fills with pictures of robot armies or systematic blackmail. Continue reading...
theguardian.com
The Guardian view on AI v mathematicians: humans are still vital to the field, but tech firms refuse to see that | Editorial
OpenAI claims its agents have solved the Navier-Stokes problem. But questions remain about how useful and independent its work really isOn 8 September, OpenAI claimed that its AI agents had solved the Navier-Stokes problem, one of the most famous and difficult challenges in mathematics. Had a human solved it, they would have collected both prize money and plaudits from their fellows. The announcement instead ignited what some mathematicians have called an “existential crisis” in their field over the power of AI, and accusations that OpenAI misused human work.The maths behind Navier-Stokes is difficult to understand, but the critiques levelled by mathematicians will be familiar to artists, office workers, or anyone else concerned about AI. OpenAI’s results, like any arising from a large language model, depend on digesting work by human mathematicians. The OpenAI paper cites sources, but many believe the company didn’t give sufficient credit, especially to several mathematicians believed to be very close to a solution – bad form that erases human ingenuity and hogs all the glory. The mathematician Tristan Buckmaster also has concerns that work he was doing on Navier-Stokes using OpenAI’s Codex model was seen by the OpenAI team. OpenAI has denied directly accessing this material, but could not rule out that data from Buckmaster’s use of their products “helped improve our model”. Continue reading...
theguardian.com
It’s not just young people who need jobs | Letters
There should be provision for people who find themselves out of work when they approach state pension age, writes Peter WadeI am now in my 61st year, haven’t worked for more than two years and have stopped applying for jobs (‘I feel invisible’: over-50s reveal harsh realities of trying to get a job, 17 September). The bulk of my career was as an advice worker, specialising in debt, housing and energy advice.Some years ago I worked with a client in her late 50s who had been a hospital cleaner. She had expected to retire earlier, but the changes to women’s state pension age meant that she faced several more years before retirement. She could no longer do the physical work of cleaning, yet starting a new career while managing her physical health seemed a daunting prospect. At the time I was looking at this situation from the other side of the desk. Now my perspective is rather different. Continue reading...
bbc.co.uk
Ed Davey calls for immediate 10p cut to fuel duty
Sir Ed blamed Donald Trump's war with Iran for damaging the UK economy and pushing fuel prices up.
cnbc.com
The 'robot relations' department may become reality in workplace of the future
AI, from chatbots to humanoids and automated management systems, are being widely deployed by corporations with huge repercussions for worker pay and autonomy.
theguardian.com
Meta launches legal challenge against UK media regulator over Online Safety Act
Action against Ofcom comes as social media companies are being accused of using courts to slow down implementationMeta has launched a fresh legal challenge against Britain’s media regulator in the latest of a slew of actions by social media companies who are accused of using the courts to slow down implementation of the Online Safety Act.Lawyers for the parent company of Facebook served notice during the week in an appeal against placing WhatsApp and Instagram, which are also owned by Meta, in a category that subjects them to additional duties. Continue reading...
cnbc.com
U.S. urges Americans to reconsider Middle East travel as Iran tensions rise
The State Department urged Americans to reconsider Middle East travel as Houthi attacks intensify and Iran keeps the Strait of Hormuz closed.
bbc.co.uk
Lib Dems vow to end 'computer says no' economy to boost growth
Deputy leader Daisy Cooper also proposes a Growth and Defence Partnership with the EU in a speech to her party conference.
theguardian.com
Bernie Sanders is right about the four-day workweek – but wrong about how to get there
The senator proposed a federal overtime rule mandate, but incentives can better spur employers to reshape the workweekBernie Sanders, the Vermont senator, recently proposed new legislation that would change federal overtime rules. The new law, if passed, would require employers to pay a minimum 1.5 hours of overtime for each hour worked past 32 hours in a week. Currently, overtime kicks in at 40 hours per week. The requirement would phase in over a few years.Sounds great. Who wouldn’t want that? There’s just one problem: somebody has to pay for it. For business owners, this isn’t an ideological argument. It’s math. Continue reading...
theguardian.com
UK startup snares $20m to recreate gigs with ‘hyper-realistic’ digital avatars
Unit1 hopes to offer lower cost version of shows such as Abba Voyage, showcasing living and dead artists in any venueThe former chief executive of Andrew Lloyd Webber’s entertainment group has obtained a near-£15m investment for his UK music tech startup that hopes to recreate classic concerts by manifesting musicians as digital avatars.Unit1 was set up last year by Barney Wragg, an entertainment executive who ran Lord Lloyd-Webber’s Cats-to-Evita empire for five years from late 2011. It has secured the $20m in funding from a group of investors, including tech backer Balderton Capital through its partner Daniel Waterhouse, who made early investments in Spotify. Continue reading...
cnbc.com
Nvidia CEO Jensen Huang emerges as Trump's top ally in AI safety debate
Jensen Huang's position as the leader of the world's most valuable company, has earned him Trump's ear on the most important topics in AI.
bbc.co.uk
Billionaire Man United owner loses moral high ground after tax exile, Labour chair says
The billionaire businessman told the BBC he has lost confidence in the UK due to a combination of high taxes and high immigration.
theguardian.com
China’s stranglehold on rare earths must be ended, says hopeful supplier to EU
Rafael Moreno, whose company has opened demo plant in Brazil, says market is ‘nervous’ as Trump-Xi summit loomsThe head of a mining company hoping to supply the EU with rare earths in two years’ time has said it is “paramount” to end China’s stranglehold on the supply of the raw materials used in everything from cars to wind turbines and military jets.As Donald Trump and China’s president, Xi Jinping, prepare to meet on Thursday in their second summit of the year, Rafael Moreno said it was also “imperative” that they do a deal for Beijing to ease up, once again, on its threat to ban exports of rare earths. Continue reading...
bbc.co.uk
Chiltern Railways renationalised after 30 years
It joins Great British Railways as part of government plans to save money and improve services.
theguardian.com
AI slowdown calls justified but collapse of bubble may be more immediate threat | Heather Stewart
Scale of debt issuance being used to fund the hectic pace of the datacentre rollout by tech firms is a worryWarnings about powerful and uncontrolled AI have dominated the headlines this past week. But even amid the omens of apocalypse, it is still worth asking if the entire AI-industrial complex is sailing towards a financial iceberg.It will hardly be our most pressing concern if the bots are poised to take over the world, but a collapse of the AI bubble would have repercussions far beyond the US. Continue reading...
theguardian.com
As White House shields the AI gold rush, Trump family and other allies strike it rich – with few guardrails
It’s not clear that financial interests are driving White House policy, but they run parallel even as resistance mountsDonald Trump’s sons, through a series of AI-linked defense and technology ventures, have picked up a $620m Pentagon loan, a Marine Corps robotics contract and an undisclosed air force drone deal in the past year. His longtime friend Michael Dell won a Pentagon contract worth nearly $9bn. And this week, as public support for artificial intelligence sinks to some of the lowest levels ever recorded, the president went to bat for the industry.“The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades,” he posted on Truth Social Monday. “There is a SICK conspiracy going on against AI and Data Centers.” It was the first of many aggressively pro-AI posts he would make this week. Continue reading...
bbc.co.uk
Family shares hidden cost of cancer care
Maya, 13, from Hythe in Kent, was diagnosed with neuroblastoma when she was three.
bbc.co.uk
Families missing out on NHS money for healthy food
Figures show as few as 64% of eligible families are claiming NHS money to buy milk, fruit and veg.
theguardian.com
Why China is pushing back on US warnings over rapid AI development
Beijing believes slowdown calls aim to lock in US advantage, and is pursuing a different balance between safety and paceChina bogeyman looms large over American firms’ AI doomsday scenarioAbout two years ago, education entrepreneur Boris But had what he calls a “penny-drop moment” – that, like countless others in China, his company needed to embrace AI before it was made obsolete by it.His clients, well-off parents looking to send their children to study overseas, had begun arriving in his office reeling off information and opinions gleaned not from rival firms, but from chatbots. Continue reading...
theguardian.com
Chiltern Railways enters public ownership in Labour nationalisation push
Operator that runs services between London Marylebone and Birmingham is sixth to be nationalised since 2025Chiltern Railways has become the latest train operator to enter public ownership as the government closes in on its ambition to renationalise all major passenger rail services.The operator, which runs commuter rail services on the Chiltern mainline between London Marylebone and Birmingham, on Sunday became the sixth to be nationalised under Labour, with the remaining four to follow by the end of 2027. Continue reading...
theguardian.com
Reαd carefully: how to spot – and avoid – a homoglyph attack
Scam emails are increasingly using psychological tricks, such as using near-identical URLs like miсrosoft.comYou’ve read the email carefully and it looks legitimate. The link it asks you to click on has none of the usual red flags: there are no weird numbers or extra parts to the URL. You feel safe to proceed.But if you had looked slightly closer you may have noticed something slightly wrong with one of the characters. Just as in the headline of this piece where instead of “a” we used the Cyrillic “α”.It just goes to show that the split-second decision you make when clicking a link is often the most vulnerable part of the whole security chain.” Continue reading...
theguardian.com
Are global stock markets heading for a crash?
Economies thrown into renewed turmoil as AI debt, Iran war and soaring government bond yields fuel alarmAt the height of the summer, the mood was optimistic in the world’s financial capitals. Powered by the AI revolution, the US stock market had rallied to a fresh all-time high, as investors bet the multitrillion-dollar investment spree would overshadow the hit from the Iran war.Now the warning lights are flashing red. As the fighting in the Middle East intensifies without clear sign of a resolution, financial markets have been thrown into renewed turmoil. A slowdown looms in the AI arms race, and tinderbox conditions in the market for government debt are fuelling alarm. Continue reading...
cnbc.com
France’s wine production nears a 70-year low, leaving winemakers with tough choices
As the French wine industry reaches a crisis point, key players are considering new markets, products and generations.
bbc.co.uk
Not all AI workers think the tech could kill everyone
In text exchanges and conversations, multiple people who have worked for leading companies are sceptical of the warnings.
cnbc.com
MS NOW, CNN and Politico journalists blocked from White House after Trump ban
Journalists from MS NOW, CNN and Politico were denied access to the White House, one day after Trump banned three media outlets over their coverage of him.
theguardian.com
Manchester United Muslim fans group calls on co-owner Jim Ratcliffe to quit
Supporters’ club says billionaire should stand down after ‘completely unacceptable’ comments on the UK and empireManchester United’s Muslim supporters’ Club (MUMSC) has called for the Premier League side’s co-owner to step down after he made “completely unacceptable” comments during a BBC interview.Sir Jim Ratcliffe described the UK as being a country “on the slide” from the days when it had “the greatest empire in the world”. Continue reading...
theguardian.com
UK politics increasingly funded by billionaires as mega-donations surge
Exclusive: A total £179m has been donated by wealthy individuals since 2019, research revealsBritish politics is increasingly being funded by individual billionaires with a wave of mega-donations having flooded into UK political parties over the past two parliaments.A total of £179m has been donated by wealthy individuals since 2019, research reveals. Continue reading...
cnbc.com
She pays $96 a month to live in Yellowstone National Park: 'Being here has changed my life'
Zoe De La Paz quit her corporate job in Chicago and in June moved to Yellowstone to work as a seamstress.
bbc.co.uk
Google's Gemini AI hacked three companies in security test
The AI model accessed the internet and guessed credentials to three websites, a Google official told the BBC.
theguardian.com
Scottish Labour’s new leader backs Rosebank and Jackdaw oil and gasfields
Michael Marra supports development of the North Sea sites, calling for a ‘more rational’ approach to energy policyScottish Labour’s new leader Michael Marra has backed the development of the Rosebank and Jackdaw oil and gasfields in the North Sea in one of his first acts after being elected, calling for a “more rational” approach to energy policy.On Saturday, the MSP for North East Scotland won a near two-thirds majority to lead the party in Holyrood, becoming Scottish Labour’s 11th leader. He replaces Anas Sarwar after his shock decision to resign in July to join Andy Burnham’s new government as a trade minister. Continue reading...
cnbc.com
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
Goldman economist Joseph Briggs said broader pessimism in society may be contributing to struggling consumer sentiment even as the economy chugs along.
theguardian.com
Brazil’s wind farms have been a huge success. So why isn’t everybody reaping the benefits?
While the country’s ambition is to be the ‘Saudi Arabia of green energy’, communities in the north-east are bearing the cost in diminished health and livelihoodsBeneath the power lines cutting across Antonio de Souza’s property in Serra do Mel, in north-east Brazil’s Rio Grande do Norte state, rows of cashew trees once stood – until the clean energy company ordered them to be cut down.De Souza cannot plant crops in the affected area and the tractor cannot be driven through it in bad weather, as the driver risks an electric shock. Cattle, another source of local income, are forbidden from grazing near the cables. Continue reading...
theguardian.com
Students scramble for accommodation after owner goes bust in Dundee
Case highlights severe financial strain on sector across UK as string of university housing schemes failAre you having problems with your accommodation provider?Nearly 70 students in Dundee have been left scrambling to find accommodation for this academic year after the latest in a string of university housing schemes went bust amid severe financial strain on the sector.Students in the city have been forced to find alternative housing and rapidly move their possessions as term begins this month after the collapse of the owner of Marketgait Apartments, a city centre block. Continue reading...
cnbc.com
Trump says U.S. to build a 'large Military presence' in Greenland as part of a security deal with it and Denmark
Greenland has maintained it is not for sale, and the European Union earlier this year united to rebuke Trump over his push to acquire the island.
theguardian.com
China bogeyman looms large over American firms’ AI doomsday scenario
Silicon Valley China hawks, Anthropic CEO Dario Amodei among them, fear the country surpassing US’s AI lead as much as superintelligence destroying humanityWhy China is pushing back on US warnings over rapid AI developmentWhen reporters asked Donald Trump this week if he supported calls to slow down the development of artificial intelligence out of growing fears for cybersecurity, public safety and the fate of humanity, he said no. His argument: China.“We’re leading China in AI,” Trump said. “We’re the most sophisticated country in the world, and frankly, I want to keep it that way, because whoever wins AI, wins.” Continue reading...
theguardian.com
Domestic datacentres: how computer power can help heat your home
Energy bills are scheduled to rise next month but there are innovative ways to heat your home and save moneyWhen Giles Gibson turns on the hot tap in his home, the water that comes out of it is not heated by gas but by the tiny datacentre strapped to the tank.Attached to the hot water cylinder in his London home is a compact computer server that generates heat and then transfers it as it operates. Continue reading...
theguardian.com
‘A losing battle’: will UK public service broadcasters survive amid US onslaught?
Jobs and programme budgets in firing line at BBC, Channel 4 and ITV as they are outgunned by YouTube and Netflix“I wouldn’t be surprised if the BBC or Channel 4 disappeared,” says one of the thousands of TV staff at risk of redundancy, as British broadcasters face what has rapidly become a fight for survival against US digital rivals.“My generation grew up with Netflix and YouTube … Honestly, I feel like it is a losing battle.” Continue reading...
theguardian.com
‘We lost £14,000’: can a new clampdown stamp out cowboy builders?
An app and a register of trusted traders may give greater protection to consumers but it is too late for someIn hindsight, Sheri Ingram, 35, can see the red flags. Lee Slocombe, a builder hired to renovate her ex-boyfriend’s home in the south Wales valleys, offered to do the work cheaply because he had materials left over from another job, then asked for money upfront to buy additional supplies.“At the time, we believed him,” says Sheri, who was in her early 20s when it happened, and had just left university. The couple budgeted about £8,000 for work that included removing a supporting wall and building an extension with a balcony. Continue reading...
theguardian.com
Deep cuts: how one Londoner’s fake vinyl empire sheds light on ‘industrial scale’ fraud
Thousands of knock-off records worth a fortune are being seized in the UK by anti-counterfeit police stingsFrom 2017 onwards, Rehan Ahmed styled himself as a savvy business owner. But behind the facade of a successful entrepreneur lurked one stark fact: his empire was built on fakery.On Friday, the man behind the biggest-ever UK case of producing fraudulent vinyl, who sold counterfeit copies of records by some of the world’s biggest artists including Taylor Swift, Coldplay and Kendrick Lamar, was jailed. Continue reading...
cnbc.com
A new arms race is unfolding on the ocean floor
Countries and companies are investing in technologies for underwater use amid concerns about the vulnerability of critical infrastructure on the ocean floor.
bbc.co.uk
Billionaire Man United owner says he has lost confidence in the UK
Ineos founder Sir Jim Ratcliffe tells the BBC he thinks the country is "on the slide" and calls for more investment in the North Sea.
cnbc.com
Anthropic selects Accenture as first embedded evaluator to help implement Amodei's slowdown proposal
Anthropic and OpenAI have been under intense scrutiny after researchers warned about the potential for AI to cause catastrophic harm to humanity.
cnbc.com
OpenAI's latest AI revelation is a 'serious situation,' Microsoft's Suleyman tells CNBC
Suleyman joined "Squawk Box" to discuss OpenAI's latest incidents of "concerning model behavior" disclosed earlier this week.
cnbc.com
AI cloud provider Nscale files to go public
Nscale is the latest artificial intelligence neocloud to turn to public markets.
cnbc.com
Nike parts ways with Kylian Mbappé; soccer superstar signs with On
Mbappe had been signed with Nike for roughly two decades, and his agreement with On is the first it has made with a soccer player.
cnbc.com
Elon Musk talks up AI safety while fighting regulation in wild week of strange alliances
In the past week, Musk has agreed with the CEOs of Anthropic and OpenAI, while getting contradicted by President Trump and Nvidia's Jensen Huang.
cnbc.com
Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next
bbc.co.uk
'We simply don't know' - JP Morgan struggling to forecast oil prices due to Trump's war with Iran
The bank said it "assumed" there would be economic red lines, like oil at $100 a barrel, that the US would be unwilling the cross.
cnbc.com
JPMorgan, Citigroup CEOs attending Trump's state dinner for China's Xi: Sources
Dimon and Fraser join OpenAI CEO Sam Altman, Nvidia chief Jensen Huang and others who are reportedly planning to attend the Trump-Xi state dinner.
bbc.co.uk
Warren Buffett steps down after six decades at Berkshire - 'Father Time always wins'
Since taking control in 1965, Buffett grew a struggling textile mill into a global conglomerate.
cnbc.com
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
Leaders of six major auto trade groups joined to sign a letter to the president.
bbc.co.uk
Ryanair boss Michael O'Leary apologises over 'high-fare rapists' remarks
O'Leary described his choice of language as "careless" and said "it won't happen again".
bbc.co.uk
Flight chaos caused by 'millisecond' software defect, report says
The failure led to more than 2,000 flights being cancelled and hundreds of thousands of passengers affected.
bbc.co.uk
Dragon Deborah opens with a terrible negotiation tactic
Deborah Meaden makes a bold opening move in response to a pitch.
bbc.co.uk
'Insufficient funds' to pay Brewdog creditors after takeover deal
Administrators say about £489,000 was owed for staff wages and holiday pay and £2.4m was owed to HMRC for unpaid VAT.
bbc.co.uk
British Steel plan lacks credibility, MPs say
A committee report says the government has not set out how British Steel will become profitable.
bbc.co.uk
Economy minister accuses SoS of 'mischief making' in social media exchange
Dr Caoimhe Archibald posted on X about a new one-off electricity bill reduction, which Sir Chris Bryant reposted saying the UK government funded it.
theguardian.com
‘I pay a lot more for fewer and fewer items’: five US shoppers on their food budgets
Guardian readers share how much they spend on food and the changes they’ve had to made in response to rising pricesWhile campaigning for re-election in 2024, Donald Trump stood in front of a table full of groceries – bags of flour, cartons of eggs, cooking oil – and told voters he would bring down the price of groceries “starting on day one” of his second term in the White House.Over two years later, US consumers have yet to enjoy lower prices. In fact, due to supply chain issues, jostling over tariffs, wars in Ukraine and Iran, severe cuts in Snap (Supplemental Nutrition Assistance Program) benefits, and the climate crisis, more than half of Americans say they’re struggling to afford groceries. Continue reading...
bbc.co.uk
We bought our £242,000 home without a deposit - here's how
The share of UK mortgages with smaller deposits is the highest it's been since 2008. The BBC spoke to borrowers about how they manage the risks.
bbc.co.uk
Former shoplifter ran 'steal-to-order' Whatsapp group
Keeley Knowles ran a Whatsapp group with about 200 people asking her to steal specific designer items.
cnbc.com
Anthropic and OpenAI hunt for smaller data center deals, sources tell CNBC, in race to deploy AI capacity
Anthropic and OpenAI have announced a flurry of AI infrastructure deals over the past year as demand booms.
cnbc.com
An intense boardroom battle is brewing at India's giant Tata Group
In 10 years, India's leading multinational conglomerate, the Tata Group, is facing a new power struggle between the chairman of Tata Sons and Tata Trusts.
theguardian.com
‘I spend a bagful of money and don’t fill a bag’: the energy crisis hits Bangladesh
The country has been left in the dark as it endures power cuts caused by the Iran war and reliance on gas importsAt 1am, Halder’s alarm goes off and the 34-year-old Bangladeshi bank employee rises and heads to her kitchen. She is up at this time not for work but to cook for her family. An energy crisis paralysing the capital, Dhaka, a city of almost 40 million people, means this has become the only time when the piped gas supply is strong enough to allow cooking.The city now operates in darkness, as people try to continue their lives with power even in public areas shut off early in the evening to preserve energy. Continue reading...
bbc.co.uk
Japan raises interest rate to new 31-year high to curb rising prices
Central banks around the world have hiked rates as high energy prices are pushing up inflation.
theguardian.com
Todd Boehly exits Chelsea diminished after having his fingers burned
The billionaire’s departure will change little day-to-day but could be significant for club’s stadium plansNot since a doomed foray into the thorny world of the transfer market has Todd Boehly had any real influence over the day-to-day at Chelsea. The American exits football as a diminished figure four years on, along with his fellow investor Mark Walter, and the first thing to say is that little will change in the Stamford Bridge boardroom just because Boehly has left the scene.Clearlake Capital, the US private equity firm founded by Behdad Eghbali and José E Feliciano, was already the majority owner and guiding force. The trio of Boehly, Walter and the Swiss billionaire Hansjörg Wyss had an equal share of a 38.5% stake but have drifted into irrelevance since the BlueCo consortium bought Chelsea from Roman Abramovich for £2.5bn in 2022. Continue reading...
bbc.co.uk
Healey to ask EU finance ministers to let UK into Made in Europe scheme
The chancellor wants the Made in Europe programme to deepen ties with the UK "rather than erecting new barriers".
theguardian.com
Homes with a standout facade for sale in England – in pictures
From a blue-grey converted iron chapel in Cheshire to a shiny black infill townhouse in London Continue reading...
bbc.co.uk
Thames Water rescue deal should be rejected - MPs
A report on the future of Thames Water, urging the government to take action, has been published.
bbc.co.uk
'I would tip up to 30% at a restaurant'
New Yorkers and Londoners share what they usually tip in a restaurant - and whether tipping culture has gotten out of hand.
cnbc.com
Pokémon card curbs send shares of Japanese online marketplace Mercari on a bumpy ride
Mercari shares are clawing back losses after Pokémon card listing restrictions triggered a selloff earlier this week.
theguardian.com
Is Trump’s AI obsession walking the world into disaster? – podcast
Tech bosses have called for a slowdown in artificial intelligence and the creation of formal guardrails from the US government. But why is President Trump unmoved by the doomsday predictions, dismissing them as a ‘hoax’? What lies behind his embrace of the AI industry? Jonathan Freedland speaks to the Guardian US tech editor, Blake MontgomeryWatch Jonathan Freedland on our new Politics Weekly YouTube channelSend your questions and feedback to politicsweeklyamerica@theguardian.comListen to the latest season of Black Box Continue reading...
theguardian.com
‘If you build something vastly smarter than you, it better be on your side’: can we stop AI from deceiving us? – podcast
We are used to the idea that our fellow humans might intentionally mislead or manipulate us, but the idea that machines can now do the same is deeply unsettling. Researchers are racing to find solutions before it’s too late.By Snigdha Poonam. Read by Maya SaroyaRead the text version hereSupport the Guardian today: theguardian.com/longreadpodThis article was supported by a grant from the Tarbell Center for AI Journalism Continue reading...
bbc.co.uk
Early Bowie music available to stream for first time
Previously unheard material from the start of the artist's career has been released for the first time.
bbc.co.uk
The virtual worlds where robots are trained
Training systems that allow robots to negotiate the real world are getting more sophisticated.
theguardian.com
Taking on Trump? Canada and EU forge closer ties - The Latest
Canadian prime minister, Mark Carney, has welcomed the EU’s proposal for Canada to become the bloc’s first ‘associate member’, despite threats from Donald Trump over the plan. The US president said Washington could impose ‘very serious tariffs’ or halt trade if the EU went ahead with the idea. But in a defiant speech to the European parliament, Carney called for ‘deep cooperation’ and said polling showed the overwhelming majority of Canadians supported closer ties with Europe. Lucy Hough speaks to Europe correspondent Jon Henley Continue reading...
bbc.co.uk
Warm words on Canada's EU 'associate membership' but no guarantees
There is no certainty that the idea will ever get off the ground, let alone become a blueprint for other countries, writes the BBC's Katya Adler.
theguardian.com
Tax the middle earners! Will the PM do it? – podcast
Former Bank of England economist Andy Haldane said the markets regarded this government as ‘a pretty traditional tax and spend socialist government with better TikTok videos’. Harsh criticism or truth? As pressure mounts on the chancellor, John Healey, to rule out tax rises, what options do they have left? Plus, what can the government do to tackle AI warnings?Please keep sending your comments and questions to Pippa and Kiran on politicsweeklyuk@theguardian.com Continue reading...
bbc.co.uk
Barclays workers ask for more money to return to the office
Unite union, which represents 36,000 Barclays staff, calls for a one-off payment to offset increased travel and childcare costs.
bbc.co.uk
Interest rates held but Bank signals rise if energy prices stay high
Rates are held for the sixth time in a row but the Bank of England says high energy prices make a future rise more likely.
bbc.co.uk
I sent 200 LinkedIn messages and got a job: How to nail networking
From coffee chats to LinkedIn messages, here's how to network your way to your next job.
bbc.co.uk
The Documentary
Katy Watson explores Australia's relationship with China - partner, rival or 'frenemy'?
bbc.co.uk
Why Trump's hand-picked Fed chair defied him by raising interest rates
The 0.25% increase comes despite fierce opposition from the US president, who has called for rates to be cut.
bbc.co.uk
Would you buy branded clothing from your favourite tech firm?
Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines.
theguardian.com
Pension peril: is it time to unpick the triple lock? | Letters
Readers are divided on whether the triple lock should stay or goThe article about whether the pensions triple lock should be ditched omits several key facts (‘Costing billions’: is the pensions triple lock a lifeline or simply unaffordable?, 12 September). The triple lock was introduced in 2010 to attempt to reinstate the value of the state pension relative to average earnings. The new state pension is just over £12,547 per annum, as your reporter says; older pensioners get a basic £9,615. Both are well below the European average, which is over €16,000 (about £13,800) per year. The UK median wage is above £39,000 a year. Moreover, the age at which the UK state pension becomes payable is among the highest in Europe.The discussion on the affordability of the state pension seems to regard it as expenditure for no return. It is not. Pensioners spend money into their local economy, which generates tax revenues in the form of VAT and income tax from younger people who are dependent on pensioner money for their employment. Better-off pensioners pay income tax in the usual way. In fact, a pensioner with any income at all above the new state pension will pay tax on it as the personal tax free allowance is now £12,570, only £23 above their pension income. Continue reading...
bbc.co.uk
The extreme engineering of aircraft windows
Few companies have the technology to make aircraft windows which are getting harder to make.
bbc.co.uk
Can Europe recharge its battery industry?
Europe has some promising battery tech, but can it make up ground lost to Chinese battery giants?
bbc.co.uk
I asked my husband to pay into my pension when we had a child - here's why
Molly and Taylor Haylett explain the changes to how they managed their finances when they started a family.
bbc.co.uk
Why some experts increasingly fear AI will take over
AI agents went on an uncontrolled hacking spree, leaving some in the industry worried
bbc.co.uk
Should promotion depend on how workers use AI?
More companies are tying career progression to AI use: is that fair?
bbc.co.uk
'Tirana teeth': Albania hopes to be the new Turkey for dental work
The Balkan nation is aiming to become a new centre for medical tourism.
bbc.co.uk
Aviation faces hotter, stormier skies – and passengers might have to accept more disruption
Are people going to have to increasingly accept more delays and diversions as the effects of climate change intensify?
bbc.co.uk
Prosecco, cakes and beauty products - how to get birthday freebies and why there's a catch
Cake, coffee, make-up and burgers are just some of the free things you can get on your birthday.
bbc.co.uk
From 'dog fruit' to darling: India's avocado boom
Demand for avocados is booming in India and local growers hope to grab more of the market.
bbc.co.uk
Why wait? Business grads buying firms to install themselves as CEO
Impatient to be the boss of an established company they are borrowing money to fund their purchases.
bbc.co.uk
'My parents won't lend me £10k but helped my brother': When families play financial favourites
So-called financial favouritism can cause jealousy and resentment long into adulthood. Here is how experts say you can avoid it
bbc.co.uk
Why the UK is dithering over what to do about e-scooters
Why is it taking so long for the government to regulate them, and what are the consequences of delay?
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
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